Nippon India Mutual Fund decreased its stake in R K Swamy Limited from 1.78% to 1.02% by selling 384,031 shares. The value of the remaining shares is ₹4.89 Cr at ₹95.11 apiece.
A leading advertising and marketing services company incorporated in 1973, R K Swamy provides comprehensive solutions across brand strategy, creative development, media planning, and digital marketing. The agency serves clients across diverse sectors including automotive, consumer goods, pharmaceuticals, and technology. Known for its integrated approach to marketing communications, the company combines traditional and digital expertise to deliver campaigns across multiple channels and touchpoints for national and multinational brands.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.
